Home Tag "Egypt"

EBRD looks to boost equity investments in Egypt

CAIRO : The European Bank for Reconstruction and Development (EBRD) expects to keep investments in Egypt at over 1 billion euros this year, boosting its equity portfolio through a delayed privatisation programme, its regional director said. The bank intends to participate in an expected share offering for state-run Alexandria Container and Cargo Handling Company, among […]

Egypt completes construction of Chinese firm-funded 3 solar power plants

TBEA Xinjiang Sunoasis has completed the construction of three solar power stations at Benban Solar Energy Park in Egypt’s southern province of Aswan. According to the company officials, the stations are part of the giant Benban Solar Plant, Gu Huchen, director of Engineering Management Department of TBEA’s New Energy International Engineering Division, told Xinhua. “The […]

Egypt, Nissan to develop local electric vehicle ecosystem

Authorities have to protect foreign investors after EU-Egypt Association Agreement, says Nissan Egypt chairperson Nissan Motor Egypt plans to work with the Egyptian authorities on developing local electric vehicle ecosystem, Kohei Maeda, chairperson and managing director of the company, told Daily News Egypt, adding that building that system may take some time. Nissan is a […]